Celebrity Fashions Receives Listing Approval for 48.7 Lakh Equity Shares on Preferential Basis
Celebrity Fashions Limited received listing approval from NSE and BSE for 48,69,933 equity shares allotted on preferential basis. The shares were issued at ₹10.31 per share. Listing is contingent on depository confirmation.
The listing of a significant number of shares on preferential basis can impact shareholding patterns and liquidity, hence a medium impact.
The company received listing approval for equity shares, which is a positive development for capital raising and market presence.
Celebrity Fashions Limited has received in-principle approval for the listing of 48,69,933 equity shares of ₹ 10 each. These shares were allotted on a preferential basis for consideration in cash at a price of ₹ 10.31 per share, including a premium of ₹ 0.31 per share.
The approval for listing was received from both the National Stock Exchange of India Limited (NSE) and BSE Limited on April 22, 2026. The shares will be listed and admitted to dealings on the exchange upon confirmation from the depositories (NSDL/CDSL) for the credit of beneficiary accounts.
The company secretary and compliance officer, S. Vivekanandan, signed the intimation, and the approval letter from NSE was signed by Pooja Pashte, Manager. This development signifies a step forward in the company's capital raising and listing process.
What to do with a filing like this
Celebrity Fashions Limited filed this with the NSE as a statutory disclosure, categorised under equity fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Celebrity Fashions Limited. Read the original for the full detail.